Arthur_500 on Nostr: Inflation is the surest way to trigger a Pavlovian response from politicians, whereby ...
Inflation is the surest way to trigger a Pavlovian response from politicians, whereby they blame monopolists, middlemen, greedy entrepreneurs, profiteers, and price gougers. In 1793, French Revolutionaries fueled inflation by running persistent deficits that they monetized. Their response was to instill fear — courtesy of the guillotine — by blaming productive French citizens for being greedy.
Published at
2024-06-19 16:26:59Event JSON
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"content": "Inflation is the surest way to trigger a Pavlovian response from politicians, whereby they blame monopolists, middlemen, greedy entrepreneurs, profiteers, and price gougers. In 1793, French Revolutionaries fueled inflation by running persistent deficits that they monetized. Their response was to instill fear — courtesy of the guillotine — by blaming productive French citizens for being greedy.",
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